Video: Navigating International ESG Reporting Standards
Navigating ESG Risk Management and Reporting: Our ESG Video Series
July 20, 2022
From Sustainable Development Goals (SDGs), the Task Force on Climate-Related Financial Disclosures (TCFD) to the Global Reporting Initiative (GRI) and Sustainability Accountability Standards Board (SASB) - navigating ESG international reporting standards has become complex, complicated, and confusing for companies.
Business leaders do not want to be pulled into an ESG space that they do not understand.
Additionally, if companies do take the leap, leaders want sustainability reporting to be a benefit to their business, not a burden.
How can businesses tackle uncertainty in their ESG and sustainability reporting?
FTI Consulting’s Resilience Barometer found that just under a third of Australian business leaders are alarmed at the rate at which economies are tackling climate change. This concern indicates uncertainty about what they can do.
Our conversations with CEOs and COOs about their ESG and sustainability reporting also reveal that this uncertainty comes from:
- Simply not knowing where to start with ESG; and
- When they get external professional advice, they are overwhelmed by the apparent complexity and compliance of it.
We understand that as business leaders, you are looking for someone to help take you to the next step of ESG reporting. We focus on helping your company get as far as possible and then evaluate the next steps.
The views expressed herein are those of the author(s) and not necessarily the views of FTI Consulting, Inc., its management, its subsidiaries, its affiliates, or its other professionals. FTI Consulting, Inc., including its subsidiaries and affiliates, is a consulting firm and is not a certified public accounting firm or a law firm.